Russian trade in goods with the Dominican Republic in Q4 2017

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia

The Report on Russia’s foreign trade in goods with the Dominican Republic in the fourth quarter of 2017: exports, imports, products, dynamics.

Russia’s Trade with the Dominican Republic

In the 4th quarter of 2017, Russia’s trade with the Dominican Republic totaled $11,103,384, up 13.48% ($1,319,240) from the 4th quarter of 2016.

Russia’s exports to the Dominican Republic in the 4th quarter of 2017 totaled $4,821,797, up 15.92% ($662,293) from the 4th quarter of 2016.

Russia’s imports from the Dominican Republic in the 4th quarter of 2017 totaled $6,281,587, up 11.68% ($656,947) from the 4th quarter of 2016.

Russia’s trade deficit with the Dominican Republic in the 4th quarter of 2017 was $1,459,790, a 0.36% decrease ($5,346) over the 4th quarter of 2016.

The Dominican Republic was Russia’s 132nd largest trading partner in the 4th quarter of 2017 (down from 130th in the 4th quarter of 2016), accounting for 0.0066% of Russia’s total trade (down from 0.0072% in the 4th quarter of 2016).

The Dominican Republic was Russia’s 133rd largest export market in the 4th quarter of 2017 (down from 127th in the 4th quarter of 2016), accounting for 0.0047% of Russia’s total exports (down from 0.0050% in the 4th quarter of 2016).

The Dominican Republic was Russia’s 101st largest supplier in the 4th quarter of 2017 (up from 104th in the 4th quarter of 2016), accounting for 0.0098% of Russia’s total imports (down from 0.0107% in the 4th quarter of 2016).

Russia’s Exports to the Dominican Republic

The major share of Russian exports to the Dominican Republic in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

Chemical products (HS codes 28-40) - 75.28% of Russia’s total exports to the Dominican Republic (14.27% in the 4th quarter of 2016);

Wood and wood products (HS codes 44-49) - 11.62% of Russia’s total exports to the Dominican Republic (4.08% in the 4th quarter of 2016);

Machinery, equipment and vehicles (HS codes 84-90) - 7.21% of Russia’s total exports to the Dominican Republic (0.25% in the 4th quarter of 2016);

Metals and products from them (HS codes 72-83) - 1.91% of Russia’s total exports to the Dominican Republic (73.96% in the 4th quarter of 2016);

Mineral products (HS codes 25-27) - 0.00% of Russia’s total exports to the Dominican Republic (3.26% in the 4th quarter of 2016).

The largest gains in Russia’s exports to the Dominican Republic in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $35,422;

Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $32,797.

The largest declines in Russia’s imports from the Dominican Republic in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups: